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Lithuanian Central Bank Urges Peers to Join Digital Currency Goldrush

The Bank of Lithuania is stepping up its research into the implications of offering a central bank digital currency, publishing a new research paper highlighting CBDC design choices as well as monetary policy and financial stability implications.

The in-depth analysis comes ahead of the central bank’s launch of 24,000 digital collector coins created using a blockchain-based approach, and the establishment of a sandbox platform for testing digital ledger projects, LBChain.

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